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Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K MT OF 4600 NCV COAL FOR THREE YEARS
KOSPOCOALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calorific value coal for March - April, 2019 loading.
 
According to Bid Notice No. KOSPO-Coal-2019-ELT01 terms, coal producers are required offer 320,000 MT minimum 4,600 kcal/kg NCV coal on one single Fixed price (US$) FOBT Only.
 
Shipment Size
320,000MT (±10%) (80,000 x 4 Panamax) - per year
 
Shipment Period
1st year (March - April 2019)
2nd year (May - April 2020)
3rd year (May - April 2021)
 
Restrictions
Bidder should guarantee that each shipment of coal to be purchased by Buyer shall be entirely supplied from a single mine. Supply of coal for any shipment from more than 1 (one) mine is not allowed. Bidders are also asked to supply a fresh coal produced from a single coal mine no more than two weeks before loading to the mother vessel for each shipment.
 
Price
One single Origin & Fixed price (USD) based on FOBT
 
Quality 
Total Moisture (arb) Max. 43%
Volatile Matter (adb) Min 16 - Max 45%
Ash (adb) Max 10%
Total Sulfur (arb) Max 0.5%
Net Calorific Value Min. 4,600 Kcal/Kg minimum
Guaranteed Quality : NCV min. 4,600 - max. 4,900 Kcal/kg, Total Sulphur Max. 0.4%
 
Procurement Method
International e-tender
 
Bid closing date
13:00 January 25, 2019 (Korean Standard Time)
 
The Bid documents shall be submitted through the designated e-mail address (kospofuelbidding at kospo.co.kr) not later than the dead line.


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Recent News

Tuesday, 22 January 19
AUSTRALIA'S YANCOAL PRODUCED 50 MMT SALEABLE COAL IN 2018 UP 59 PER CENT ON THE YEAR PRIOR, THE QUARTERLY REPORT SHOWS
According to the report, the miner's quarterly (Q4' 18) saleable coal production of 12.4 Mmt. Includes 10.5 Mmt (85 per cent) from the Comp ...


Monday, 21 January 19
KOSPO INVITING BIDS FOR 320K MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV low calo ...


Monday, 21 January 19
SUPRAMAX: INDONESIAN COAL RUNS, TONNAGE WAS GIVING APS DELIVERIES AND A 57,000DWT SHIP FIXED AT $7,000 FOR A TRIP TO WEST COAST INDIA - BALTIC BRIEFING
Capesize  A positive end to a week that saw rates on the West Australia/China run slip below $6.00, as charterers faced a plentiful supply ...


Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
Global Hard Coal Production Increases By 1.7%.   According to provisional calculations by the German Coal Importer Association (VDKi), ...


Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...


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